DSP bets big with new MSCI India ETF launch

MUMBAI: DSP Mutual Fund is taking a passive stance, actively. The fund house has unveiled the DSP MSCI India ETF, an open-ended exchange-traded fund that mirrors the performance of the globally tracked MSCI India Index, giving investors a simple and efficient route into India’s large and mid-cap universe.

The MSCI India Index, part of MSCI’s Global Investable Market Indexes, captures the shifting gears of India’s economy, from the factory floors of the 1990s to today’s tech-fuelled and service-driven growth. Spanning multiple sectors, it reflects the depth and resilience of Indian markets and has delivered around 14 per cent CAGR over 27 years.

The new fund offer (NFO) opens from November 10 to 17, 2025, and provides investors, including NRIs and offshore participants, a tax-efficient way to ride India’s long-term growth story through a locally domiciled structure.

“The MSCI India Index has long been a favourite benchmark for global investors. With this ETF, we aim to make that opportunity easily accessible to both Indian and international investors,” said DSP Mutual Fund head – passive investments & products Anil Ghelani.

DSP Mutual Fund business head – passive Investments Gurjeet Kalra added, “The Index balances India’s financials, tech, energy, and consumer sectors, delivering consistent performance with stable drawdowns. This ETF lets investors capture that potential with local tax advantages.”

With foreign institutional flows showing signs of recovery and global sentiment turning upbeat on India, DSP’s latest offering arrives at a moment when diversification and discipline might just be the smartest plays in the market.